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Daily (19.05.2017): EU carbon prices surged over 4% to a monthly high
Oil prices continued to grow on Thursday, as most of the major producing countries suggested they would extend supply cuts to reduce an ongoing global crude glut.
read more... 19/05/2017
Daily (17.05.2017): EU carbon prices increased above €4.50 for the first time in a week
Oil prices seesawed on Tuesday within two opposed trends. The increasing trend during the session was supported by the news that several OPEC members voiced the opinion to continue supply cuts until March 2018 to reduce a global glut of crude oil. The downward evolution at the end of the day was caused by the data from the American Petroleum Institute indicating an unexpected build in crude inventories.
read more... 17/05/2017
EU approves France’s plan to develop 17 gigawatts of renewable energy
It has been announced last week that EU has approved France’s plan to develop three different schemes for the expansion of around 17 GW of onshore wind, solar, and sewage gas installations in the country.
read more... 15/05/2017
Daily (15.05.2017): European spot electricity prices fell by 10-13%, EUAs at 4.5 euros/ton again
Oil prices slightly grew on Friday, boosted by the news about lower U.S. crude inventories and traders’ hope that the global supply glut can be reduced by continued OPEC-led production cuts.
read more... 15/05/2017
Huge offshore wind park launches in North Sea after $3 billion support
One of the world’s biggest offshore wind farms is officially launched. The Gemini Offshore Wind Park, which is located 85 kilometers off the coast of the Netherlands and has a capacity of 600 megawatt (MW), covers 68 square kilometers and has 150 Siemens wind turbines. Around 2.8 billion euros ($3.05 billion) was invested in the project.
read more... 10/05/2017